Novan Inc reports results for the quarter ended in March - Earnings Summary

NVN Liquidation

11/05/2021 23:33

* Novan Inc  NOVN.OQ  reported a quarterly adjusted loss of 6
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 5
cents per share.
* Revenue fell 32.5% to $819.00 thousand from a year ago; 
analysts expected $957.50 thousand. 
* Novan Inc's reported EPS for the quarter was a loss of 6
cents​.
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Novan Inc shares had fallen by 25.0% this quarter and
gained 43.9% so far this year.
* The company reported a quarterly loss of $8.95 million.
* Wall Street's median 12-month price target for Novan Inc is
$3.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 11 at 10:33 p.m. GMT.
​All figures in US dollars